SABA

Fight against poverty and debt gets underway

Social Affairs State Secretary, Jetta Klijnsma (left), has allocated $8 million to projects combatting poverty and debts. 

 

The $8 million is a “helping hand” for projects that “have a country wide impact and that offer a sustainable contribution in preventing poverty and educating on and reducing debts”.

 

Relating to projects focusing on vulnerable groups, the initiatives are intended for children who grow up in a family with a low income, young people with financial problems, families with single parents, households with long-term low income and non-Western households.

 

From 23 May onwards, applications for a share of the first $4 million are invited. Next year, the second tranche of $4 million will come available.

 

Interested organizations and foundations will have to contribute 25 percent of the cost of their initiative.